There are a few weird things that I cannot stand.

The 50-30-20 rule for savings & spending is one.

But these days, I have weaker views regarding a lot of things, except when I feel that misunderstanding some things has a big material impact on your financial life.

Oh, wait… I think if you manage to frame how you look at income allocation can make a significant difference in your motivation and your distance from your financial goals.

In this video, I shared my perspective to a reader’s question:

Does anyone have a good saving and investment percentage guide to share?

I am in my early 40s, and had YOLO since I graduated and while I know everyone’s situation is different, some guidelines would be helpful.

I called this video Advanced Income Allocation because good optimisation is not just about spending but also how we should think about saving:

Here are two different framing you can look at your income and spending:

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